At a time when construction company shares are not doing very well, Man Infra Construction Limited is coming out with an IPO. Man Infra Construction Limited has filed the draft red herring prospectus with SEBI and is waiting for SEBI’s approval for the IPO. Post IPO, the Equity Shares of Man Infra Construction are proposed to be listed on the Bombay Stock Exchange Limited BSE. Man Infra construction Limited is headquartered in Mumbai and has operations in Tamil Nadu, Maharasthra and Gujarat. Man Infra Construction pre qualifies for projects in port infrastructure, residential, industrial and other commercial projects. The IPO market for construction and real estate companies is not looking good with rising interest rates. Let’s wait and watch how this IPO fares.
Man Infra Construction IPO Prospectus
For more information, read the draft red herring prospectus of the Man Infra Construction IPO.